In July, 1.4% of homeowners were four months behind on their mortgage payments, compared with 0.12% a year earlier, according to CoreLogic.
The data counts homeowners granted forbearance under coronavirus relief law.
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The 120-day mortgage delinquency rate has reached its highest level since CoreLogic started keeping track in 1999. So reports Yahoo Finance.
In July, 1.4% of homeowners were four months behind on their mortgage payments, compared with 0.12% a year earlier, according to CoreLogic.
The data counts homeowners granted forbearance under coronavirus relief law.